Requires Division of Purchase and Property to issue annual report on State-owned property and potential for use as affordable housing.
Bill A2820 requires New Jersey's Division of Purchase and Property (within the Department of the Treasury) to create an annual report identifying all state-owned properties and assessing their potential for use as low- and moderate-income housing. The division must consult with housing authorities like the New Jersey Housing and Mortgage Finance Agency to analyze feasibility for development, redevelopment, or renovation. The initial report must be submitted to the Governor and Legislature within 13 months of enactment, with annual updates thereafter, and posted online. This directly affects state agencies managing property and housing authorities, focusing on identifying underutilized state land for affordable housing solutions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Housing Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lou Greenwald
DDemocratic
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